Eversheds has moved at least £18m of firm and client money into different banks to offer protection in the event of further financial institutions failing. The law firm has transferred the bulk of the funds since October 2008, cutting back the number of institutions it uses from around 20, including Investec, to six UK clearing banks - including Barclays, HSBC, Lloyds and Royal Bank of Scotland (RBS).
June 11, 2009 at 01:03 AM
1 minute read
The original version of this story was published on Legalweek
UK firm angers some banks with its cash-protection measures
Eversheds has moved at least £18m of firm and client money into different banks to offer protection in the event of further financial institutions failing.
Presented by BigVoodoo
Celebrate outstanding achievement in law firms, chambers, in-house legal departments and alternative business structures.
The African Legal Awards recognise exceptional achievement within Africa s legal community during a period of rapid change.
Law firms & in-house legal departments with a presence in the middle east celebrate outstanding achievement within the profession.
Atlanta s John Marshall Law School is seeking to hire one or more full-time, visiting Legal WritingInstructors to teach Legal Research, Anal...
Lower Manhattan firm seeks a premises liability litigator (i.e., depositions, SJ motions, and/or trials) with at least 3-6 years of experien...
Join the Mendocino County District Attorney s Office and work in Mendocino County home to redwoods, vineyards and picturesque coastline. ...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
